Forex Continues on the Upside – Financial Tribune
Foreign exchange rates extended gains on Thursday after the dollar advanced above 270,000 rials a session before.
The greenback closed more than 1% higher or 2,900 rials, reaching 278,200 rials in Tehran’s open market after vacillating between 269,000-272,000 rials for ten days before jumping to 275,300 rials on Wednesday
The euro was up 0.5% or 1,570 rials to fetch 326,960 rials. The UK pound sterling was worth 381,290 rials, rising 0.62% or 2,370 rials and the UAE dirham closed more than 0.5% higher, gaining 400 rials to be quoted at 76,200 rials.
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